Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / cyber-insurance-coverage-analysis-memo.docx
cyber-insurance-coverage-analysis-memo.docx
Parties
Quorum Insurance Holdings Corp
Harkness LLP
Palomar Data Solutions Security Inc
Pinnacle Surplus Lines Insurance Corp
Security Inc
The Inc
Severin Corp
Graystone Forensics LLC
Dates
May 9, 2023
May 8, 2023
April 21, 2023
March 14, 2023
November 12, 2019
March 3, 2021
April 18, 2023
May 4, 2023
May 5, 2023
January 1, 2023
Amounts
$40,000,000
$15,000,000
$25,000,000
$2,500,000
$16.3
$400,000
$800,000
$15
$20
$43,200,000
Obligations
The primary policy is subject to a $2,500,000 self-insured retention ("SIR") per occurrence, which must be satisfied by Quorum before Atlas Mutual's payment obligations are triggered
Compliance with these consent requirements must be documented carefully
Quorum's own indemnification claim against Palomar under the Master Services Agreement must be coordinated with Atlas's subrogation interest
(d) Timing of Notice Compliance: The interval between Quorum's receipt of notification from Palomar (April 21, 2023) and the filing of the notice of claim with Atlas Mutual (May 8, 2023) must be supportable as consistent with the policy's "as soon as practicable" notice requirement
Self-Insured Retention — $2,500,000 The $2,500,000 SIR per occurrence must be fully satisfied by Quorum before Atlas Mutual's payment obligations are triggered